Best Buy today reported a drop in profit for its fall quarter owed to TVs but countered by smartphones and the iPad. It still made $217 million in net income but saw its core home electronics business shed 10.6 percent of its revenue as it saw a low double-digit drop in TVs as well as matching home theaters and movies. However, it saw a comparable increase in smartphones as well as a single-digit boost to notebooks, which it credited primarily to "strength in tablet computers."
